Koninklijke Philips NV 2016 SR
The report highlights Philips' transformation into a focused health technology leader following the separation of its Lighting business. The company launched its five-year 'Healthy people, sustainable planet' program, aiming to improve 3 billion lives annually by 2025. In 2016, Philips improved 2.1 billion lives and achieved a record 64.1% of sales from Green Revenues. The company also made significant progress toward its 2020 carbon neutrality goal, increasing its renewable electricity share to 62%. Additionally, Philips reinforced its commitment to the circular economy, generating 9% of its revenue from circular products and solutions.
Company: Koninklijke Philips NV
Sector: Professional & technical services
Country: Netherlands
Year: 2016
Type: SR
Pages: 44
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Koninklijke Philips NV
Annual Report (Sustainability Selection)
The report highlights Philips' transformation into a focused health technology leader following the separation of its Lighting business. The company launched its five-year 'Healthy people, sustainable planet' program, aiming to improve 3 billion lives annually by 2025. In 2016, Philips improved 2.1 billion lives and achieved a record 64.1% of sales from Green Revenues. The company also made significant progress toward its 2020 carbon neutrality goal, increasing its renewable electricity share to 62%. Additionally, Philips reinforced its commitment to the circular economy, generating 9% of its revenue from circular products and solutions.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Workplace Fatalities
Net Zero Target
Employees